![Disclosure statement](https://www.bcsystems.com.au/wp-content/uploads/2024/07/Disclosure-statement_3-300x200.jpg)
Understanding Body Corporate Disclosure Statements
In Queensland, the law mandates that sellers of lots in community title schemes provide a disclosure statement to prospective buyers before entering into a contract.
We all know that Covid-19 has changed the way people meet. During the last 18 months, BCsystems has offered to hold meetings with our committees via video if that is preferred, and we are grateful for your ongoing support of our independent business during this time. Our team is back in the office, however some of our committees tell us they prefer the convenience of electronic meetings.
In Queensland, the law mandates that sellers of lots in community title schemes provide a disclosure statement to prospective buyers before entering into a contract.
Understanding how your individual levy amount is calculated can help you appreciate where your money goes and ensure transparency in the management of your community. Here’s a breakdown of the aspects involved in calculating levy amounts.